NOT LISTED FOR SALE

Estimated Value: $450,226 - $599,000

1 Bed
1.5 Baths
1,005 Sq Ft
3.8 Acres

Last Sold May 20, 2021

Last sale price $320,000 $318 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,533/month

Highlights

  • Doorman
  • Ocean Front
  • Clubhouse
  • Palm Beach Public School Rated A-
  • Gated with Attendant
  • 5-minute walk to Norton Gallery Park

About This Home

As of August 2023

Annual or Seasonal, Newly renovated, Bright and Fresh, East facing Rapallo Condo. Panoramic Views of the Ocean, Intracoastal Waterway and Palm Beach Island. Professionally designed and furnished. Spacious 1 bedroom 1.5 bath. Primary Bath has been expanded & includes luxury shower and free-standing spa tub. Prime grade wood flooring throughout. High end Appliances and Fixtures. Custom cabinets, walk-in closet. Enjoy sunrises on the expansive, covered terrace. Impact Windows throughout.The Rapallo North Building Features 24 hour Concierge, Gym, Pool overlooking the Waterway. Walk or Bike on the most desirable area of Flagler Drive. Short drive to PBIA, Walking distance to Norton Museum, Hive Collective Galleries, Shopping and Restaurants. Minutes to local Beaches and Worth Ave Palm Beach

Last Agent to Rent the Property

Amy Bryant

The Corcoran Group License #3374411 Listed on: 07/13/2023

The Corcoran Group

Last Renter's Agent

Amy Bryant

The Corcoran Group License #3374411 Listed on: 07/13/2023

The Corcoran Group

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,775

Year Built

  • Built in 1973

Lot Details

Property Views

Interior Spaces

  • 1,005 Sq Ft Home
  • Furnished
  • Ceramic Tile Flooring

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Closet Cabinetry
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Home Security

Parking

  • Guest Parking
  • Open Parking
  • Assigned Parking

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • Property Available on 7/13/23
  • Assessor Parcel Number 74434327400009040

Community Details

Overview

  • 156 Units
  • Rapallo Condo Subdivision

Amenities

  • Doorman
  • Clubhouse
  • Business Center
  • Laundry Facilities

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Card or Code Access
  • Fire and Smoke Detector
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Est. Annual Taxes

$7,775

Year Built

Built in 1973

Lot Details

0

Rental Info

  • Tenant Pays: Exterior Electric
  • Available Date: 2023-07-13

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Okeechobee Blvd East to Flagler Dr. South on Flagler Dr
  • Year Built: 1973
  • Entry Level: 9
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Closet Cabinetry, Elevator, Separate Shower, Walk-In Closet(s)
  • Furnished: Furnished
  • Appliances: Dishwasher, Electric Water Heater, Disposal, Gas Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Tile
  • Living Area: 1005.0

Exterior Features

  • Exterior Features: Balcony, Patio
  • View: Intercoastal, Ocean
  • Pool Features: None
  • View: Yes
  • Waterfront Features: Intracoastal Access, Ocean Front
  • Waterfront: Yes
  • Patio And Porch Features: Balcony, Open, Patio, Porch

Garage/Parking

  • Garage Yn: No
  • Open Parking: Yes
  • Parking Features: Assigned, Guest, Open

Utilities

  • Laundry Features: Common Area
  • Security: Door Man, Gated with Guard, Key Card Entry, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Gated, Property Manager On-Site, Sidewalks
  • Senior Community: No
  • Amenities: Bike Storage, Business Center, Clubhouse, Laundry, Management, Trash
  • Pets Allowed: No

Lot Info

  • Parcel #: 74434327400009040
  • Land Lease Amount Frequency: Monthly
  • Lot Size: East of US-1

Multi Family

  • Number Of Units In Community: 156

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2021
Closed on
May 20, 2021
Sold by
Kiyokawa T Peter and T Peter Kiyokawa Revocable Tru
Bought by
Henry Steven and Shneidman Philip
Seller's Agent
Robert Jackson
Bob Jackson, Inc.
Buyer's Agent
Amy Bryant
The Corcoran Group
List Price
$329,000
Sold Price
$320,000
Premium/Discount to List
-$9,000
-2.74%
Current Estimated Value
$529,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,557
Avg. Annual Appreciation
12.26%
Original Mortgage
$220,000
Outstanding Balance
$201,339
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$322,992

Purchase Details

Closed on
Dec 12, 2017
Sold by
Oka Takao and Oka Yukiko
Bought by
Kiyokawa T Peter and The T Peter Kiyokawa Revocable Trust

Purchase Details

Closed on
Apr 1, 2010
Sold by
Bond Ginny
Bought by
Oka Takao and Oka Yukiko

Purchase Details

Closed on
Aug 9, 2001
Sold by
Oflanagan Kevin P
Bought by
Bond Ginny
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Henry Steven $320,000 None Available
Kiyokawa T Peter -- Attorney
Oka Takao $171,000 Attorney
Bond Ginny $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henry Steven $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2023 08/15/23 Rented $3,250 0.0% --
07/25/2023 07/25/23 Under Contract -- -- --
07/13/2023 07/13/23 For Rent $3,250 0.0% --
05/20/2021 05/20/21 Sold $320,000 -2.7% $327 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
03/20/2021 03/20/21 For Sale $329,000 0.0% $336 / Sq Ft
02/21/2020 02/21/20 Rented $1,500 0.0% --
02/21/2020 02/21/20 For Rent $1,500 -- --
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,775 $370,000 -- --
2023 $8,135 $385,000 $0 $385,000
2022 $7,674 $354,540 $0 $0
2021 $5,220 $231,000 $0 $231,000
2020 $5,116 $224,000 $0 $224,000
2019 $5,786 $252,000 $0 $252,000
2018 $5,384 $242,000 $0 $242,000
2017 $4,597 $212,000 $0 $0
2016 $4,203 $182,000 $0 $0
2015 $1,999 $123,302 $0 $0
2014 $1,998 $122,323 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10904115

BeachesMLS

APN: 74-43-43-27-40-000-9040